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Estee Lauder Bonus
When Estee Lauder first began growing what would today become one of the largest retail beauty companies in the world, she was met with much resistance. Managers of department stores turned down her persistent requests for store space, while advertising agencies rejected her business because of the company’s small size – the two-person operation of Estee Lauder and her husband Joseph were not enough to convince people of their legitimacy. However, those years of rejection served as the impetus for the Estee Lauder Bonus, which would help the company grow to new heights both then and now.

iWoz A Geek: The Early Years of Apple Co-Founder Steve Wozniak
He might not be as well known as the ‘other’ Steve, Apple co-founder Steve Jobs, but Steve Wozniak had just as much impact on the computer industry as we know it today. From designing over 50 mini-computers on paper in school, to founding Apple I and Apple II in the mid-1970s, Wozniak’s passion for the technology has forever changed the way the world does business.

The Role of Small Business in Unmanned Systems Development
Getting funding for developing technology is tough, always has been and always will be. Unmanned systems (robotic and remote control) technology is no exception, but it has an advantage: there is great interest in having machines do work in hazardous situations where human safety is at risk. Who gets the contracts for developing these new technologies that the DOD says it wants? Federal investment in research and development has always focused on big business and top-tier prime contractors. This article shows how small businesses can avail themselves of opportunities created just for them via Small Business Innovation Research (SBIR).

Expansion of The Indian Payment Card Market in the Recent Years
Indian Payment Card Market Forecast to 2012” states that with changing consumer spending patterns and growing income levels, the Indian payment card market, which includes both credit cards and debit cards, has expanded rapidly in the recent years. For instance, the number of debit cards issued by banks more than doubled between FY 2006 to FY 2008. Also, the number of credit card issuance grew by around 60% during the same period.

Improving Your Management Communications Skills - What's It Worth?
A manager needs to have good communication skills. It is one of the major elements of communication. One of the most vital skills in any manager or supervisor's portfolio of skills. But why? What are the benefits of being a good communicator? Read on for more...

I Said it was the Money; But I Lied
As the economy continues to strain, recruiting and retaining talent will become even more important than ever. This article tackles this urgent topic, explaining many ways to help organizations go about their recruiting and retention methods. If you need any help with this, here is a great way to kick off your program.

I Said it was the Money; But I Lied UPDATED Oct 2007
Same topic as the original, with data and interpretations reflecting the results from 2007.

Moving Procurement Practice Beyond Adjunct Complexity (COUPA Profile)
“Organizations that already have a technology driven program in place or have just recently implemented one still surprise me with their significant interest in the dramatic changes in procurement methodologies and practices. But rather than focusing learning on new and emerging technologies, today’s procurement professionals seek insights into the actual processes that drive their enterprises. The impetus behind this change is largely the result of the fallout from the consistently high level of e-procurement initiative failures. Industry studies for the period 2001-2005 indicate 75-85% of all programs fail to achieve the promised results. (Editor’s Note: the rate of failure continues today, with some industry pundits suggesting that ERP-centric programs miss the mark as much as 90-95% of the time.)

Double Marginalization and the Decentralized Supply Chain Revisited
Without a doubt, the concept of double marginalization and the resultant issues associated with understanding and addressing its impact represents one of the more complex elements of an organization’s supply chain practice. As the point of convergence of multiple stakeholder interests and the seemingly disparate (some would say contradictory) strategies that define today’s partinioned enterprises, the intent of the article when it was first published was to create an awareness of a concept that up until that point was not widely recognized, let alone understood by the majority of purchasing professionals.

The Role of Self-Confidence in Success
If you see successful people, you will usually find that they are very self-confidant. Self-confidence may have come to these people on account of their success, but usually self-confidence is present in people before they become successful. Once they start working toward success, usually self-confidence and success run parallel, each fueling the other.

Technology's Diminishing Role in an Emerging Process-Driven World (Part 1)
Organizations that already have a technology driven program in place or have just recently implemented one still surprise me with their significant interest in the dramatic changes in procurement methodologies and practices. But rather than focusing learning on new and emerging technologies, today's procurement professionals seek insights into the actual processes that drive their enterprises. The impetus behind this change is largely the result of the fallout from the consistently high level of e-procurement initiative failures. Industry studies for the period 2001-2005 indicate 75-85 percent of all programs fail to achieve the promised results.

Double Marginalization and the Point of Ideal Price Viability
Referencing my last post (Double Marginalization and the Decentralized Supply Chain, August 9, 2007) double marginalization “DM” is defined as the “exercise of market power at successive vertical layers in a supply chain.” The problem that arises as a result of DM is tied to an impetus to mark up the product’s price above marginal cost. The sequence of mark-ups “leads to a higher retail price and lower combined profit for the supply chain.” In short, DM drives the paradoxical outcome of higher buy prices with lower sell profits.

Recent ISM, CAPS and Kearney Report Perpetuates Dangerous Supply Chain Myths
While generally interesting, the recent 10 Page Report by ISM, CAPS and Kearney perpetuate a number of the myths that actually fuel the high rate of e-procurement initiative failures. Focusing on what is referred to as the “seven critical supply strategies” for Succeeding in a Dynamic World, I will address each “strategy” over the next seven day period referencing the results of our 15 years (and counting) of research findings and front line experiences.

Are you or your employees engaged with your organisation?
Although the term 'employee engagement' is relatively new, the underlying concepts have been around for many years. Cultural change programs often have a similar focus, as do internal branding programs. Do you have it? Does your organisation have it? If you don’t, take action NOW.

How to Avoid the Pitfalls of Micromanagement.
Are you constantly checking the work of your team members? Are you a perfectionist? I define micromanagement as: Often unintentionally, a micromanager delves into too much detail. Rather than allowing people the responsibility and freedom to do their job, the micromanager monitors and reviews every task. This obsession with detail causes resentment, affecting staff performance in a negative way. Micromanaging causes frustration. In the end, it can provide the impetus for staff to leave.

Stressed to Excess
What is stress? How to recognize signs of unhealthy stress accumulation. How 98% of all stress responses are automatic and unconscious. Practical advice on what to do about it.

Other impetus Related Articles

Do You Control Your Email or Does Your Email Control You
Recently while discussing time management issues with my business coaching clients and others, the topic of email and the amount of time we all spend dealing with business (and non-business) email at work. Those discussions gave impetus to this article. Do you ever wonder how many email boxes are in use by organizations all over the world? 100 million? 200 million? According to statistics I read in a recent article, there were an estimated 225 million email boxes in use in 2005 by organizations in the world. Did I hear someone say WOW!

Estee Lauder Bonus
When Estee Lauder first began growing what would today become one of the largest retail beauty companies in the world, she was met with much resistance. Managers of department stores turned down her persistent requests for store space, while advertising agencies rejected her business because of the company’s small size – the two-person operation of Estee Lauder and her husband Joseph were not enough to convince people of their legitimacy. However, those years of rejection served as the impetus for the Estee Lauder Bonus, which would help the company grow to new heights both then and now.

1.2 From Copenhagen to the Millennium Declaration: Working Out of Poverty
In 1995, the Copenhagen Social Summit put the “people’s agenda” back into the forefront of international policy. By stressing the interlinked challenges of poverty, unemployment and social exclusion as central to a global social justice strategy, the Social Summit marked a turning point for the multilateral system. It reinforced the ILO mandate in the world of work and gave new impetus to the promotion of core labour standards.

Government Support for Entrepreneurship in Nigeria : Exploring entrepreneurship in a declining economy
Recognizing the indispensability of the small-scale, private sector enterprise as the dynamic impetus for general economic development, many countries have instituted enterprise support networks and structures to fuel the development of these enterprises. Nigeria is not an exception in this regard. At various times since the 1970s, the government has designed and introduced a variety of measures to promote small and medium enterprise development. These measures included fiscal, monetary and export incentives.

How to Avoid the Pitfalls of Micromanagement.
Are you constantly checking the work of your team members? Are you a perfectionist? I define micromanagement as: Often unintentionally, a micromanager delves into too much detail. Rather than allowing people the responsibility and freedom to do their job, the micromanager monitors and reviews every task. This obsession with detail causes resentment, affecting staff performance in a negative way. Micromanaging causes frustration. In the end, it can provide the impetus for staff to leave.

Double Marginalization and the Decentralized Supply Chain
Double marginalization is defined as the “exercise of market power at successive vertical layers in a supply chain.” Dating back to Lerner (1934) the problem that arises as a result of double marginalization is tied to an impetus to mark up the product’s price above marginal cost. According to a 2005 Caltech paper (Vertical Integration of Successive Monopolists: A Classroom Experiment) the sequence of mark-ups “leads to a higher retail price and lower combined profit for the supply chain than would arise if the firms were vertically integrated.”

Double Marginalization and the Point of Ideal Price Viability
Referencing my last post (Double Marginalization and the Decentralized Supply Chain, August 9, 2007) double marginalization “DM” is defined as the “exercise of market power at successive vertical layers in a supply chain.” The problem that arises as a result of DM is tied to an impetus to mark up the product’s price above marginal cost. The sequence of mark-ups “leads to a higher retail price and lower combined profit for the supply chain.” In short, DM drives the paradoxical outcome of higher buy prices with lower sell profits.

Technology's Diminishing Role in an Emerging Process-Driven World (Part 1)
Organizations that already have a technology driven program in place or have just recently implemented one still surprise me with their significant interest in the dramatic changes in procurement methodologies and practices. But rather than focusing learning on new and emerging technologies, today's procurement professionals seek insights into the actual processes that drive their enterprises. The impetus behind this change is largely the result of the fallout from the consistently high level of e-procurement initiative failures. Industry studies for the period 2001-2005 indicate 75-85 percent of all programs fail to achieve the promised results.

Developing Your Business Plan
Why Plan for a Business That Already Exists? There are plenty of reasons. The ability of a small business to react quickly to market impetus gives you a substantial advantage over your larger competitors. However, resources in a small business that are in short supply must be used to their fullest potential. This makes such businesses highly vulnerable to failure if their progress and development is not tightly controlled. A business plan provides a vehicle for the strategic planning and continuous monitoring of your business - allowing you to avoid the pitfalls of haphazard growth, such as cash flow starvation, reduced profitability and loss of custom.

Attitude at Work
This article explores the role attitude plays in the workplace. It does not delineate between small operator owned businesses and large corporates, for the very reason that attitude exists in each one of us, and has a major impact on motivation, satisfaction and ultimately performance at work. Points to consider are how our personal attitude impacts on others, and how we can begin to grow this in our team members. Techniques are then given to support that. Impetus is also given to people whose negativity is playing havoc at work and impacting on other team member's. This article is worth reading if you are leading people, or simply if you want to feel happier in your place of work.

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